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Qatar's imports rebound only slightly in July from sanctions hit
August 24, 2017 / 11:14 AM / a month ago

Qatar's imports rebound only slightly in July from sanctions hit

DUBAI, Aug 24 (Reuters) - Qatar’s imports recovered only slightly in July after plunging in June because of sanctions imposed by other Gulf states, government data released on Thursday showed.

Imports rose 6.3 percent from June to 6.24 billion riyals ($1.71 billion) last month but were 35.0 percent lower than their level in July 2016.

Qatar’s trade surplus shrank 4.8 percent from the previous month but expanded 78.1 percent from a year earlier to 11.91 billion riyals. (Reporting by Andrew Torchia, editing by Larry King)

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